NightRide Thermal
About this raise: NightRide Thermal, with a valuation of $25 million, is raising funds on StartEngine. The company makes self-installable and vehicle-mounted thermal cameras that keep drivers safe at night and in harsh weather. The cameras of NightRide Thermal offer high-resolution thermal imaging for commercial, professional, and consumer purposes and tame night-driving hazards. NightRide Thermal has sold 807 units and generated $2 million in sales in 2021 and 2022. Mary Ellen Kramer founded NightRide Thermal in March 2023. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, inventory, company employment, and working capital.
Investment Overview
Invested : $340,390
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 06/12/2023
- Close Date
- 10/11/2023
$14,998
$1,234,800
$420
Equity - Common
Seed
RegCF
$2.10
$25,000,000
Company & Team
Company
- Year Founded
- 2023
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +94% YoY
- $1,301,008
- Monthly Burn
- $19,017
-
Runway
- 4.2 months
- Gross Margin
- 49%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,292,252
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/11/2023 | StartEngine | $25,000,000 | $340,390 | Equity - Common | Funded | RegCF |